Durable Power of Attorney in Kansas
Author: John E. McElroy, J.D., C.F.E..
Source: Volume 06, Number 03, September/October 2003 , pp.40-41(2)
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Abstract:
A person thinking about his impending physical or mental incapacity in Kansas has only two choices for having his financial affairs taken care of after such incapacity occurs. He can execute a power of attorney and appoint someone to carry on his financial affairs without any statutory safeguards in place to assure compliance with the terms of the document. Or he can wait until the incapacity occurs and then hope the court appoints a trustworthy conservator and monitors the annual accountings that must be filed. This article discusses those options.Keywords: Law Has No Mechanism to Require Accounting by Grantee
Affiliations:
1: Crime Consultants LLC..